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and those three-month lows for the euro so pretty bleak picture. >>> at the united states a big sell-off on wall street. major averages tumbled, major worries. financial and technology shares were among the biggest losers on monday, bank of america, citigroup, jpmorgan chase and wells fargo all closed roughly 3.5 to 5.5% lower, so really this is touching off fears of a broader financial crisis and don't let's forget the whole situation of the biggest slowdown in the world economy since the 1930s started with the financial crisis and now the worry is with he might go there again. at the close of the play there were triple digit losses for the dow, nasdaq, each closed roughly 2%. painful, pauline. >> let's look at the stock market futures and trading session in the u.s., it's right across the board as well, here's where the u.s. futures stand in premarket action the dow poised to open down by almost 1%, about the same amount for the nasdaq. the nasdaq ended monday's session down 2%, so that's not good news there. also the s&p 500 poised to start the session on tuesday down by 1.25%. we
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
. >> you know, there's a big question that i have here about trading partners. we were looking at the evolution of countries and populations over the next 40 years. a new report says that in 40 years out, india is going to become -- push united states out of the number two spot and become the second largest. >> that's right. china's set to be the biggest trader by 2015. india is to take over the united states by 2015 as number two. this is a huge surprise. what's behind india's rise? >> they'll benefit from the rise in trade between emerging markets. between the brick economies and they're creating new winners and that will include india. >> very interesting. the report from the u.s. census population that it will become the most populous country. >>> take a look at this video. it's a little creepy. it's a dentist robot. a lifelike patient that dentist in training train on in japan. the robot -- look at this. it's creepy. it can sneeze, move her head. cough a little bit. the dentist can get actual training without actually hurting anyone. i'm probably a little -- i'm happier th
investigations are now under way into phone hacks and bribes to the police. >>> some of the other big stories we're keeping an eye on. we are learning president obama plans to meet with house and senate democratic leadership this afternoon at the white house. 2:50 p.m., to be exact. this all because we're less than two weeks away from the federal government defaulting on its obligations, and congress has yet to work out a deal. president obama's debt-cutting plan can't pass the house and the plan from house republicans can't pass the senate. house speaker john boehner reiterated tuesday that default is not in the cards. and also on tuesday, the so-called gang of six unveiled their plans. it was called, quote, more plan to have a plan. republicans are united against any tax increases, and democrats are against inentitlement reform. >>> american airlines is replacing its fleet with hundreds of new planes from boeings and airbuses. the new aircraft order will replace the fleet with more fuel efficient planes. it calls for 460 planes. boeing says the new planes are 5% more fuel efficient than older
. and they said we've got until august 2nd. i mean they've got to pass something big and get it implemented quickly if we're not going to blow past that anyway. >> they really do. you heard secretary geithner yesterday saying that essentially we're running out of runway now and this is something that everyone has been dealing with for many, many months. what speaker boehner, according to one republican source, told gop lawmakers yesterday, is that they have to vote on some kind of a plan by wednesday and they have to post it on-line by today. so, you know, these are pretty tight deadlines that they're up against right now and last check, you know, they're still not close on a deal yet. nonetheless they have to get something done as he pointed out by wednesday to meet that august 2nd deadline. >> they don't have to be tight deadlines. >> never has to be tight deadlines. >> this is a crisis made in washington. >> as mark preston told me about half an hour ago, on the phone, he said guys, it's washington. that's -- >> this is how it always works. >> we'll be with you, talking many times. i hav
superiors. >> the lieutenant made a big joke out of it and told the rest of the squad that if i went over to the lieutenant's house and cleaned out the lint trap in his dryer, we could probably clear out all the cases in the city of atlanta. >> still, buffington sent the fibers to the state crime laboratory. a young forensic scientists, larry peterson, took a look. why was a fiber that was stuck in the crack of a shoe, why was that important? >> because it was somewhat loosely there. people normally don't have tufts of carpet fibers stuck loosely in their shoe. >> from those few thin threads, peterson would begin to build a case to try to catch a killer. how many fibers across the board did you look at every day in this case, when the case really started getting busy? 100? 500? 1,000? >> literally there's going to be hundreds if not thousands of fibers there, depending upon the case. >> in the spring of 1980, no one wanted to believe a serial killer was loose in the city, even when bob buffington spotted a disturbing pattern. >> there had been a sharp increase in the number of children un
. and they feel that the democrats have an ideological commitment to big government. what they would like to see is the government sweated down. that's the point they've been trying to make. there are honest differences and people have a very different view of what kind of society we ought to live in. >> but at a certain point, david, when there was a big deal on the table and if as you say the president could have brought nancy pelosi along -- i agree with you i think he could have -- the republicans would have gotten a great deficit reduction deal if they hadn't committed to the no tax pledge, right? >> but gloria, asking any party to commit to $1 trillion of tax increases is an awful big deal for a party that all along stood for lower taxes. and when they also feel a lot of these cuts are going to turn out to be illusory. their experience in the past they sign onto the bargains and they feel the democrats eventually end up getting what they wanted and what they wanted never materializes. >> there's a big difference between that and nothing. >> i agree. [ overlapping speakers ] >> so david, wh
to weaken the white house i guess. >> reporter: a big deal of deficit reduction obviously is feeling very elusive and chances of doing something like that seem to be very slim at this point. in terms of the debt ceiling, they are very much relying on a plan being worked out by senators reed and mcconnell, top democrat and republican in the senate, to move something forward so the senate can take a lead and the house can then follow suit maybe making some changes. i think right now that's the best hope. i do want to tell you looking at the president's schedule today, it's mighty bare. his normal presidential briefing and meetings with senior advisers but certainly there's a lot of room built in there for any sort of communication he needs to do with congress. >> right. there was talk they are working through the weekend so they are doing everything possible to come to an agreement. >> over night too. >> u.s. and libya hosting secret face to face talks since the libyan conflict began four months ago. the point of the weekend meeting was to send a clear message to moammar gadhafi that he mus
targeted, it's basically not a big deal, now he's realized what a catastrophic error of judgment that was because the woman that's replaced him on this inquiry, sue acres, is saying up to 4,000 people could have been targeted by the newspapers. >> what about the implications that this is not just the now defunct "news of the world," but other papers? >> yeah. i think this is really significant and really bad news for news international. it's no longer just confined to "news of the world," the paper that they closed down, realizing it had become toxic as a brand. it's now spread to "the sun" and "sunday times." both so far have not been shown to have used phone hacking, but they have been shown to use what, at best, slightly underhand techniques, at worst illegal activities to get information. "the sun" is maintaining it got the medical records without breaking the law. "the sunday times" saying there was a legitimate public interest in looking into gordon brown's bank details and so on on a tip, but there was some sort of corruption there or something which was all proved to be u
candidate. they come back to bite them and this one will leave a big bite mark. >> is that a valid excuse? that maybe some staffer read it? >> i find that mind-boggling. such a statement would scream out to you as just incredibly wrong. that you cannot -- if you are a first-year student in high school and you read that statement, that's fwot to send up some alarms to you that says -- wait a minute. we can't sign this sort of thing. and particularly, not so much probably in the republican primary. if she does get into the general election, this sort of thing with independent voters just kills you dead. it's a nonstarter because it's such a fringe sort of way of thinking of things. >> it's also interesting that -- >> i would say that's probably why they didn't look at it. because i agree with you. had i read this and any of the republicans i talked to, they would say -- what the heck is this? i just think someone wasn't paying attention when they were doing their job. >> even in the explanation this group has put out, where retracted it, they did the classic -- this can be -- i'm sorry if y
. hi honey! ♪ h-o-t-w-i-r-e... ♪ hotwire.com >>> no progress reported tonight on the big deficit reduction talks at the white house. with that, this warning tonight from moody's investor service. the federal government could lose its top of the line credit rating if the white house and congress can't agree on a plan to increase the nation's debt ceiling, meaning allow washington to borrow more money to help pay its bills. that warning came just a few hours after this sober math lesson from the fed chairman ben bernanke. since the government borrows 40 cents of every dollar it spends, a fall you'ilure to increase washington's credit limit would require a 40% cutback in spending. >> significant cuts in social security, medicare, military pay, or some combination of those in order to avoid borrowing more money. >> now that sounds ominous, but some conservatives think the catastrophe scenarios are exaggerated. >> if congress fails to raise the debt ceiling by $2.5 trillion, that somehow the united states will go into default, and we will lose the full faith and credit of the united s
some weight. you noticed! these clothes are too big, so i'm donating them. how'd you do it? eating right, whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios... five whole grains, 110 calories. this past year alone.. there was a 93% increase in cyber attacks. in financial transactions... on devices... in social interactions... and applications in the cloud. some companies are worried. some, not so much. thanks to a network that secures it all and knows what to keep in, and what to keep out. outsmart the threats. see how at cisco.com cisco. [♪...] >> male announcer: now, for a limited time, your companion flies free, plus save up to 65%. call 1-800-sandals. conditions apply. >>> larry hall and his brother, gary, had always been a little different. look at you two little boys. which one are you? and which one is larry. >> this would be me. >> gary and larry. in a rare recorded interview obtained by cnn, larry hall recounts a tough start. >> i know when i was born my mother told me that i was blue. that i
on and on. tom says the fault lies with the system that allows big money, party loyalty and special interests to decide who gets elected. how we started moving down this path. >> very thoughtful responses from all of you. thank you very much. that's it for us. we'll be back tomorrow morning at 6:00 am eastern. >> cnn newsroom with kyra phillips starts right now. hi, kyra. >> hi, guys. good morning. >>> two breaking news stories this morning. first of all, the nfl, it looks like, they might have come together on a deal here. nfl.com is reporting that the players and the owners have agreed on something that will end the lockout. we're following it right now. we're just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we've been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward just moments ago? >> r
got nowhere tonight. and there are new signs, troubling ones that any possible compromise, big or small, long term or short, simply is not going to make it through the house of representatives. you may think this is business as usual in washington. two sides pushing a crisis to the brink in order to get the best possible deal for their side. but jessica yellin is reporting that some of her sources are telling her that this is anything but a normal crisis. she joins us now. jessica, thanks. your sources are saying this is becoming an abnormal crisis. what happened today? >> reporter: well, there was a lot of process, sanjay. and a lot of discussion and still no breakthrough is the bottom line. we are less than two days away from the president's self-imposed deadline for a deal and still there is no deal. some on capitol hill, some of even the president's allies are saying this is now in their view time to cut bait and stop going for this big deficit reductions package they've been talking about and just find the easiest path forward to get the debt ceiling raised and worry about
've been reading trying to keep up with all of this, the big difference here from the democrats' side there's no mention of revenue increases, correct? >> huge concession from democrats. the whole time democrats say there must be revenue on the table, republicans say they can't be. now democrats are dropping that huge demand. here is what supporters would say. this plan gets it done. they would say we're out of time. we're in the going to push for all of our demands anymore. we are backing down in the interest of the country. that's what democrats will say. republicans say, wait a minute, we think this is a setup. we don't think these spending cuts do as much as you say. he don't believe $1 trillion in war money is necessarily real. we also think this doesn't do enough long-term. they say this is not as hefty as democrats claim. does that make sense? >> sure. let me point something out, though. we know harry reid said something that made us wonder, talking about the tea party influence in the different debates and discussions. take a listen and i'll pose a question on the other side. >> we
. there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes or so, the house is expected to block a senate plan to raise the debt ceiling. democrats and republicans continue to spar on capitol hill. >> this is not a crisis which we couldn't control. this isn't an earthquake or a tornado or a hurricane. it isn't a war. it is a created political crisis. the extension of the debt ceiling has been done routinely 89 times since 1939, 55 times by republican presidents, 34 times by democratic presidents, and president ronald reagan holds the record having extended the debt ceiling 18 times in eight years without a confrontation, without the american economy threatening a
. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. >>> jury selection has started in the trial of polygamist leader warren jeffs, charged with sexual assaulted on a child and bigamy. police arrested jeffs after raid on the ranch run by his church in 2008. the fundamentalist chur of jesus christ of latter day saint saints is a breakaway sect of the mormon church. gary tuchman is here to talk about this. these are the most serious charges in terms of this trial he has ever faced. >> the most tearious charges, the viewers heard about warren jeffs a long time, on the fbi ten most wanted list, he was convicted in utah of a less serious charge but overturned because of faulty jury instructions. arizona dropped their charges because arizona convicted him no longer valid, now, very serious charges two charges of sexual assault against two girls 12 and 13 years old, jeffs accused of having relationships and a baby with the 13-year-old. very serious. what
the fiber to his superiors. >> the lieutenant made a big joke about it and told the rest of the squad if i went over to the lieutenant's house and cleaned out the lint trap in his dryer we could probably clear out all the cases in the city of atlanta. >> still, buffsington sent the fibers to the state crime laboratory. a young forensic strien test, larry peterson, took a look. why was a fiber stuck in the crack of a shoe -- >> it was somewhat loosely there. and people don't normally have tufts of carpet fiber loosely stuck in their shoe. >> from those thin threads, peterson would begin to build a case to catch a killer. >> how many fibers across the board, did you look at every day in this case? when the case really started getting busy, 100? 500, 1,000? >> literally, there will be hundreds if not thousands of fibers there, depending on the case. >> in the spring of 1980, nobody wanted to believe a serial killer was loose in the city, even when bob buffington spotted a disturbing pattern. >> there had been a sharp increase in the number of children under the age of 14, who had been killed.
such as j.r.r. tolkien and c.s. lewis under their belt. >>> news flash, if you haven't put your big toe outside yet, folks, it's hot. when i say hot, i'm talking triple digits. live pictures, yeah, atlanta looks pretty, but take it from me, not so nice when you walk outside. in arkansas, for those of you there today, 108 degrees in parts of that state. there is some relief in sight. meteorologist chad myers is going to join me next with that. >>> plus the youngest of the 12 jurors, juror number three, a nursing student, talking to cnn about her decision in the casey anthony case. >> what convinced you and the five others to switch your votes and vote for not guilty? >> i think everyone will tell you the same thing. >> you have to hear the rest of her answer. of these abandoneds in america today. automotive performance is gone. and all we have left are fallen leaves and broken dreams. oh. wait a second. that is a dodge durango. looks like american performance is doing just fine. ♪ carry on. ♪ >>> cue that song. you know that hot, hot, hot song. people in the south are melting in some
high marks and high praise, turns out it was all a big lie. cheating, not by students but by teachers and principals. the one man charged with cleaning it all up joins me next. ok. [ cellphone rings ] hey. you haven't left yet. no. i'm boarding now... what's up? um...would you mind doing it again? last time. [ engine turns over ] oooohhhh...sweet. [ male announcer ] the chevy cruze with the my chevrolet app. the remote control car is finally here. well, now she's just playing with us. oh. [ horn honks ] at liberty mutual, we know how much you count on your car and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life. so get the
this is not a big deal? $800 million of aids has been suspended. >> both sides are working together on a number of things and pakistan is not happy with the pace of delivery of assistance. americans are not happy with the pace of delivery of certain deliverables from pakistan. it happens sometimes. right now because pakistan is a fledgling democracy and everything that happens there hits the media and there's an american domestic political context in which everything becomes an issue because of the way people react to your administration. this has become -- >> the reaction in pakistan to the u.s. decision to suspend at least for now $800 million in promised aid, a spokesman for the pakistani military saying in the past, we have not been dependent -- we have not been dependent on any external support for these operations. and they will. >> in 1999 there was no aid relationship. even though the u.s. and pakistan continued to work together albeit in a limited manner. it's not a good idea. it insults the people of pakistan. >> $800 million is a lot of money that can be used to build schools here in
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. [ male announcer ] time to check your air conditioning? come to meineke now and get a free ac system check and a free cooler with paid ac service. meineke. we have the coolest customers. >>> democrats and republicans hold another round of talks today on raising the country's debt limit and reducing the deficit. the obama administration is pushing for a deal sooner rather than later. our white house correspondent dan lothian is joining us with an update. dan, i guess we heard from the treasury secretary, timothy geithner, stepping up the sense of urgency. why do you suppose he did that? what did he say? >> reporter: well, what he's trying to do is essentially push this theme that the president has been pushing, that he still wants to go for the biggest, most comprehensive deal possible because this administration believes that that's the best thing for the economy, not only over the long term, but also t
. the big vote still to come. >> wolf, they have something in the rules committee that allows members of congress to basically strike the last word if there's ame amendments and stuff that must go to it. this is a procedural vote. >> you used to work for the speaker of the house when he was newt gingrich. >> the motion is the minority party's shot at an alternative. it will be defeated by the majority. >> it's been really intense over these past 24 hours. it looked very gloomy for the speaker, john boehner. all of a sudden they sweetened the pot for the tea party supporters, freshman republicans, and now it looks like he's going to get this language passed. >> a guaranteed vote on the balanced budget amendment. i think that the speaker of the house would not even be bringing this up if he were not absolutely sure that he did not have the votes to pass it which is why he didn't bring it up yesterday. what's interesting about this is we watched for hours last night. people going in and out of his office. pizza being delivered and all the rest. what's interesting is that in the old days
Search Results 0 to 24 of about 25 (some duplicates have been removed)